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Jim Buchta - StarTribune com

Jim Buchta - StarTribune com
startribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from startribune.com Daily Mail and Mail on Sunday newspapers.

Twin Cities median home sale price hits all-time November high of $310,000

Twin Cities median home sale price hits all-time November high of $310,000 Sales keep surging, though agents say signs are emerging that buyers are getting wary of rising prices.  December 17, 2020 5:24pm Text size Copy shortlink: For home sellers in the Twin Cities, November was one of the best on record by several measures. Buyers signed more purchase agreements than any November since 2004, and there haven t been as many closings since at least 2003, according to new data from the Minneapolis Area Realtors and the St. Paul Area Association of Realtors. House shoppers were also particularly decisive. With a median market time of a little more than two weeks, homes went under contract in record time and nearly 50 % faster than last year at the same time.

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